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The Development and Testing of Heckscher-Ohlin Trade Models: A Review

Robert E. Baldwin

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262026567
eISBN:
9780262267656
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262026567.001.0001
Subject:
Economics and Finance, Econometrics

No names are more closely associated with modern trade theory than Eli Heckscher and Bertil Ohlin. The basic Heckscher–Ohlin proposition, according to which a country exports factors in abundant ... More


Protection and Real Wages: The Stolper–Samuelson Theorem

Rachel McCulloch

in Samuelsonian Economics and the Twenty-First Century

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.003.0016
Subject:
Economics and Finance, History of Economic Thought

This chapter examines the Stolper–Samuelson's Theorem under varying conditions and assumptions. Using a previous reformulation of the theorem, it demonstrates that when the relative prices for ... More


Paul Samuelson's Contributions to International Economics

Kenneth Rogoff

in Samuelsonian Economics and the Twenty-First Century

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.003.0015
Subject:
Economics and Finance, History of Economic Thought

This chapter evaluates Samuelson's trade contributions such as the Stolper–Samuelson and factor-prices equalization theorems, as vital in today's globalization debate. The ideas that gain from trade ... More


Paul Samuelson and International Trade Theory Over Eight Decades

Avinash Dixit

in Samuelsonian Economics and the Twenty-First Century

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.003.0014
Subject:
Economics and Finance, History of Economic Thought

This chapter provides an appraisal of Samuelson's work on trade theory. It explains the scientific importance of starting with the Ricardian 2x2 model and the current literature on comparative ... More


Introduction: The Significance of Paul A. Samuelson in the Twenty-First Century

Michael Szenberg, Lall Ramrattan, Aron A. Gottesman, and Kenneth J. Arrow

in Samuelsonian Economics and the Twenty-First Century

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.003.0001
Subject:
Economics and Finance, History of Economic Thought

This introductory chapter looks at the various ways in which Paul Samuelson was appraised by the contributors. The features that stand out bear close correspondence with scientific, mathematical ... More


Introduction

Robert E. Baldwin

in The Development and Testing of Heckscher-Ohlin Trade Models: A Review

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262026567
eISBN:
9780262267656
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262026567.003.0009
Subject:
Economics and Finance, Econometrics

This introductory chapter begins with a discussion of the Heckscher–Ohlin (HO) proposition. It then sets out the book’s purpose, which is to review both the theoretical development of the basic ... More


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